Southern Copper (Germany) Probability of Future Stock Price Finishing Over 94.93
| PCU Stock | EUR 88.20 0.84 0.94% |
Southern |
Southern Copper Target Price Odds to finish over 94.93
The tendency of Southern Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over € 94.93 or more in 90 days |
| 88.20 | 90 days | 94.93 | about 82.73 |
Based on a normal probability distribution, the odds of Southern Copper to move over € 94.93 or more in 90 days from now is about 82.73 (This Southern Copper probability density function shows the probability of Southern Stock to fall within a particular range of prices over 90 days) . Probability of Southern Copper price to stay between its current price of € 88.20 and € 94.93 at the end of the 90-day period is about 16.33 .
Assuming the 90 days horizon Southern Copper has a beta of -0.13 indicating as returns on the benchmark increase, returns on holding Southern Copper are expected to decrease at a much lower rate. During a bear market, however, Southern Copper is likely to outperform the market. Additionally Southern Copper has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Southern Copper Price Density |
| Price |
Predictive Modules for Southern Copper
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Southern Copper. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Southern Copper Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Southern Copper is not an exception. The market had few large corrections towards the Southern Copper's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Southern Copper, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Southern Copper within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 4.78 | |
Ir | Information ratio | -0.02 |
Southern Copper Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Southern Copper for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Southern Copper can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Southern Copper generated a negative expected return over the last 90 days | |
| Southern Copper has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 89.0% of the company outstanding shares are owned by corporate insiders |
Southern Copper Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Southern Stock often depends not only on the future outlook of the current and potential Southern Copper's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Southern Copper's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 773.1 M |
Southern Copper Technical Analysis
Southern Copper's future price can be derived by breaking down and analyzing its technical indicators over time. Southern Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Southern Copper. In general, you should focus on analyzing Southern Stock price patterns and their correlations with different microeconomic environments and drivers.
Southern Copper Predictive Forecast Models
Southern Copper's time-series forecasting models is one of many Southern Copper's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Southern Copper's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Southern Copper
Checking the ongoing alerts about Southern Copper for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Southern Copper help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Southern Copper generated a negative expected return over the last 90 days | |
| Southern Copper has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 89.0% of the company outstanding shares are owned by corporate insiders |
Additional Information and Resources on Investing in Southern Stock
When determining whether Southern Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Copper Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Copper Stock:Check out Southern Copper Backtesting, Southern Copper Valuation, Southern Copper Correlation, Southern Copper Hype Analysis, Southern Copper Volatility, Southern Copper History as well as Southern Copper Performance. For more detail on how to invest in Southern Stock please use our How to Invest in Southern Copper guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.